Bitpanda provides a convenient feature for converting small cryptocurrency balances, known as "dust," into Bitpanda Ecosystem Tokens (BEST). This guide explains how to utilize this feature on the Bitpanda mobile app, helping you optimize your investments.
Step-by-Step Guide to Convert Dust to BEST
Converting your cryptocurrency dust into BEST is straightforward with the Bitpanda mobile app. Here’s how to do it:
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Access Your Portfolio:
- Open the Bitpanda app on your device.
- Navigate to your portfolio to view your asset holdings.
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Locate Dust Amounts:
- Identify assets with balances under €1, which qualify as dust.
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Start the Conversion:
- Tap the broom icon next to the balance amount for the asset you wish to convert.
- This will open the conversion interface.
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Select Assets for Conversion:
- In the conversion window, select all the cryptocurrencies you wish to convert into BEST.
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Confirm the Conversion:
- Follow the on-screen prompts to confirm your selections and complete the conversion.
Managing Small Balances for Withdrawal
If you prefer withdrawing your small balances, here’s an alternative approach:
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Increase Your Balances:
- Buy additional amounts of the cryptocurrency to meet the minimum withdrawal or selling threshold.
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Withdraw or Sell the Entire Amount:
- Once the balance is sufficient, proceed to withdraw or sell the entire amount, ensuring no residual balance remains.
Bitpanda ensures you have the tools to manage every aspect of your cryptocurrency investments efficiently. For more information, visit our Helpdesk.